120 E. Baltimore St.

BALTIMORE–Grander Capital Partners, a Boston-based commercial real estate investment management services company, and its equity partner, Boston Andes Capital, acquired 120 E. Baltimore St., a 25-story office tower in Downtown Baltimore. The property, which has a 75% occupancy rate, traded for $32.8 million.

It is telling that one of the players in the deal was a foreign investor (Boston Andes has offices in Boston, Bogotá, and Buenos Aires) Jonathan Carpenter, executive director at Cushman & Wakefield, which brokered the sale, tells GlobeSt.com.

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